Monday, September 6, 2010

The President Repudiates His Own Approach On The Economy

After an $800B non-stimulative stimulus that included "tax breaks" for those who pay no taxes, the Obama Administration appears to be slowly realizing that the business climate in this county is a pitiful shamble, largely due to policies of their creation.  Nothing like the prospect of a pasting in the Fall elections to sharpen the political instincts.  Keynes is dead, and Obama killed him. 

1 comment:

"The Hammer" said...

The so-called stimulus was more about putting money into the pockets of Democratic loyalists than stimulating the economy. What was it Barney Fwank said after the election? We need to spend a lot more money than anybody thought. Translation: Democratic supporters want cash, and lots of it, and the economy can go to Hell.

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